Saranac Partners Ltd Invests $1.05 Million in Vanguard FTSE Emerging Markets ETF $VWO

Saranac Partners Ltd purchased a new position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 19,375 shares of the exchange traded fund’s stock, valued at approximately $1,048,000.

Several other hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in Vanguard FTSE Emerging Markets ETF by 3.9% in the 3rd quarter. Vanguard Group Inc. now owns 77,053,680 shares of the exchange traded fund’s stock worth $4,174,768,000 after purchasing an additional 2,868,142 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in shares of Vanguard FTSE Emerging Markets ETF by 4.5% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 74,834,185 shares of the exchange traded fund’s stock valued at $4,054,516,000 after buying an additional 3,217,413 shares during the period. Wealthfront Advisers LLC grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 3.9% during the third quarter. Wealthfront Advisers LLC now owns 47,270,138 shares of the exchange traded fund’s stock valued at $2,561,096,000 after buying an additional 1,790,766 shares during the last quarter. Northern Trust Corp grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 0.5% during the third quarter. Northern Trust Corp now owns 44,301,345 shares of the exchange traded fund’s stock valued at $2,400,247,000 after buying an additional 231,937 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in shares of Vanguard FTSE Emerging Markets ETF by 3.9% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 17,755,887 shares of the exchange traded fund’s stock worth $970,892,000 after buying an additional 659,045 shares during the period. 67.19% of the stock is currently owned by institutional investors.

Vanguard FTSE Emerging Markets ETF Stock Performance

Shares of VWO stock opened at $54.21 on Thursday. Vanguard FTSE Emerging Markets ETF has a 52-week low of $39.53 and a 52-week high of $59.09. The firm has a market capitalization of $106.53 billion, a P/E ratio of 15.08 and a beta of 0.55. The stock has a 50 day moving average price of $56.60 and a 200 day moving average price of $54.97.

About Vanguard FTSE Emerging Markets ETF

The Fund seeks to track the performance of the FTSE Emerging Markets All Cap China A Inclusion Index, that measures the return of stocks issued by companies located in emerging market countries.